I've got 2 words and 3 letters for you... :)
2 Words: Cleveland
3 Letters: C
Here's my article from today on the acquisition of Alpha Natural Resources.
Plus, track the spate of recent bullish developments and headlines:
Coverage initiated on Cleveland-Cliffs by KeyBanc Capital Mkts
Cleveland-Cliffs buys out minority holder in Minn.
Cleveland-Cliffs Announces Expansion Project at Empire and Tilden Mines
Cleveland-Cliffs soars after new sales outlook
Cleveland-Cliffs Updates 2008 Iron Ore Revenue-Per-Ton Guidance; Provides Commentary on 2009 North American Iron Ore Pricing
Cleveland-Cliffs Appoints CTO Brake to Lead Green Energy Business
And my previous article on them:
Cleveland Makes It, the World Takes It
With the ridiculous sell-off in coal stocks of late, I hope some of you were thinking to pick up some coal shares anyway. There are a bunch of great companies to choose from, but this one just got a whole lot better.
Disclosure: I am long CLF. Again, because I reported on the merger, I am unable to trade shares and so unable to take advantage of this unwarranted sell-off. But at least I can pass on the recommendation. I liked AnomaLee's use of the phrase 'conviction list'. CLF now joins ACH, CEF, SLW, AEM, and AUY on my conviction list.